MDA, a satellite and space communications company based in Brampton, Ontario, has announced its acquisition of SatixFy Communications, a strategic transaction aimed at furthering cooperation between the two companies. The deal will bolster MDA’s position in the growing market for digital satellite communications systems.
Under the acquisition, SatixFy’s digital payload division will collaborate closely with MDA’s Satellite Systems business in Montreal. This collaboration will help advance MDA’s new digital satellite product offering by adding complementary digital payload expertise and capacity to the company’s portfolio.
The acquisition aligns with MDA’s satellite systems strategy, as the company continues to invest in next-generation satellite technology and talent to meet the increasing customer demand in the Low Earth Orbit (LEO) satellite communication market. Mike Greenley, CEO of MDA, expressed his confidence in the deal, stating that it will solidify and strengthen their market position.
Upon closing of the acquisition, SatixFy’s Satellite Systems Solutions (SSS) team, based in Farnborough, will be integrated into MDA UK, the parent company’s existing subsidiary in the Harwell Campus, Didcot.
Nir Barkan, Acting CEO of SatixFy Communications, highlighted the company’s commitment to growth and investment in research and development for satellite communication systems and chipsets. SatixFy has recently shifted its focus to its core competencies, which include the development of groundbreaking chipsets supporting multi-beam digital antennas and on-board processing for the space industry and advanced ground terminals.
MDA, headquartered in Brampton, Ontario, and SatixFy Communications, headquartered in Rehovot, Israel, have a history of collaboration in advancing digital satellite technology solutions. This acquisition marks the next step in their partnership, as they work together to address customer demand and capitalize on the growing market for digital satellite communications.